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Updated about 4 years ago,
How fast can I sell a house after purchasing it?
Hello All,
I've been doing flipping for about 3 years now and always payed cash. I will be closing on a single family house soon which I received a loan from a 2nd tier finance company. The mortgage officer who I question her input mentioned I have to wait 3 months before I can sell it? Since its a conventional loan I will think I can sell it asap. Is their a law or regulation or is it up to the finance company to decide? The property is located in Chicago, IL. Any input appreciated.
Thank you